400 Mclevin Ave 508
Malvern, Scarborough, M1B 5J4
FOR SALE
$548,800
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Property Description
Uncover the potential of this exceptionally spacious corner unit, perfectly situated at McLevin Ave & Neilson Rd! Offering around 1200 sq ft of well-designed living space, this home features a generous eat-in kitchen, a massive open balcony perfect for relaxation, and 2 bedrooms plus a versatile den that can easily be transformed into a third bedroom to suit your needs. Experience luxury living with access to top-notch recreational facilities and the peace of mind that comes with 24-hour security. Plus, enjoy unbeatable convenience just steps away from TTC & etc
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-10-31 | 58 | $560,000 | - | Terminated |
2021-12-08 | 2021-12-17 | 9 | $2,500 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$1,402 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 9.84' x 20.01' | Combined W/Dining, W/O To Balcony |
Dining | Flat | 9.84' x 10.83' | Combined W/Living |
Kitchen | Flat | 8.20' x 9.68' | Ceramic Floor, Eat-In Kitchen |
Breakfast | Flat | 8.20' x 10.66' | Ceramic Floor, Breakfast Area |
Prim Bdrm | Flat | 9.84' x 14.76' | Laminate, 4 Pc Ensuite, Double Closet |
2nd Br | Flat | 9.19' x 11.48' | Laminate, Window, Closet |
Laundry | Flat | 4.92' x 6.56' | , Ceramic Floor |
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Scarborough Market Statistics
Scarborough Price Trend
400 Mclevin Ave 508 is a 2-bedroom 2-bathroom condo listed for sale at $548,800, which is $210,713 (27.7%) lower than the average sold price of $759,513 in the last 30 days (October 5 - November 3). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $28,297 (3.6%) compared to the previous 30 day period (September 5 - October 4) and down $43,230 (5.4%) from the same time one year ago.Inventory Change
There were 1,220 2-bedroom condos listed in Scarborough over the last 30 days (October 5 - November 3), which is down 29.2% compared with the previous 30 day period (September 5 - October 4) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($19,075) (2.5%) below asking price over the last 30 days (October 5 - November 3), which represents a $1,951 decrease compared to the previous 30 day period (September 5 - October 4) and ($18,473) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Scarborough over the last 30 days (October 5 - November 3) stood at 40.4%, up from 28.2% over the previous 30 days (September 5 - October 4) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 31 days when successfully sold over the last 30 days (October 5 - November 3), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Ignite Realty
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